Jun 16 16

Lasting Power of Attorney

Tom

When making a Will you should also consider setting up a Lasting Power of Attorney (LPA). This is a document that allows you to appoint someone you trust as an attorney to make decisions on your behalf. Failing to do so can have devastating consequences for the family of those affected. See this clip from the BBC One Show.

Attorneys can make decisions for you when you no longer wish to or when you lack the mental capacity to do so: for instance if someone has an injury, disorder or condition that affects the way their mind works. This could mean having difficulty making decisions or it might take longer to make a decision. It is for this reason that Living Wills or Advanced Medical Directives are often considered at the same time.

 

There are two types of LPA; one is to appoint attorney(s) for property and financial affairs, and the other for health and welfare. You can choose to do either or both, although many would say they are equally important.

 

A Lasting Power of Attorney cannot be used until it is registered with the Office of the Public Guardian. They charge a fee of up to £82 for each LPA application received depending on your circumstances.

 

Border Wills can help you through the process of creating, and registering if necessary, an LPA at the same time as making a Will. Call 0151 559 0695 for your free home consultation now.